Demand for M2 in an Emerging-Market Economy : An Error-Correction Model for Malaysia /
This paper analyses demand for M2 in Malaysia from August 1973 to December 1995 under both the closed- and open-economy framework. Based on the cointegration and weak-exogeneity test results, short-run dynamic error-correction models are specified and estimated. The results indicate that the demand...
| Autor principal: | |
|---|---|
| Format: | Revista |
| Idioma: | English |
| Publicat: |
Washington, D.C. :
International Monetary Fund,
1999.
|
| Col·lecció: | IMF Working Papers; Working Paper ;
No. 1999/173 |
| Accés en línia: | Full text available on IMF |